Encanto Potash Corp V.EPO.H

RE:Bought at 12.5

[Alpha101]

You have to make that decision for yourself.  I've been here about 5 years (I invest in a stock that I believe will grow over time and then wait patiently....it's one method of investing and it happens to work for me.  Others have different methods).

Most of the people saying to sell are people I've never seen on this board before.  People will often show up and be negative for their own reasons.  I ignore them.

I'll give you a little help.  There are now 2 contracts in play here for a total of 7 million tons per year (minimum).  That's a lot of potash and a lot of money.  That's one thing to be aware of.  virtually guaranteed profits for at least 20 years.

Also, look at the people and entities involved.....billionaires, the largest bank in India ICICI, one of the biggest importers of potash in India, the Indian government just to name a few.  These are all serious players who have the money and power to make it happen.  They are not 'dreamers'.....they count pennies and build stuff.

So you have big money people working on a project for years and are finally announcing that they are signing contracts, initiating a trading company and negotiating financing.  They're big enough, connected and experienced.

Personally, I have faith and patience that this will be very big and the share price will go up substantially in the future.  For that reason, I'm not going to sell my shares.  Others will give you different advice.  You might want to educate yourself, read a lot and listen to all the various opinions.  Ask yourself if you can afford to wait?  Can you afford to lose?  Will you be able to sleep at night with Encanto?

In the end, it come down to what you decide.  This is still a high risk investment and you could lose your money.  Are you prepared for that?

Good luck to you and I hope you make the right decision!